A Systems Approach To Home Business Success And Immediate Extra Income
1. Make sure that you have (or acquire) an attitude for success.
2. Take an inventory of where you've been, where you are, what
you have, where you are going, and, more importantly, where you
want to go.
3. Do your homework. Become educated (about the topics and/or
industries you are considering getting involved in). Do your
research and due diligence.
4. Avoid wasting or losing your money or your time on unwise
"investments." Item #3 should help you in this regard. However,
two easy guidelines are to make sure that any investment you
make is proportionate to the industry, products and/or services,
and type of business you want to get involved with. ??For
instance, if you are looking at McDonald's restaurant
franchises, then an investment of $1 million or more might be
justified and reasonable. However, if you are looking at the
more typical smaller scale type of home business, especially
MLM, then rarely should you have to spend more than a few
hundred to a few thousand (at most) dollars to successfully
launch your new home based business. ??And, unless you have
"deep pockets" and really know what you're doing, always grow
your business out of profit. In other words, invest a reasonable
amount necessary for a successful start, make some money, and
then invest back into your business to make more money. That way
you won't get hurt financially [ at least not to any significant
degree ], mortgage your home, or lose your life savings or
401(k), etc.
5. Engage in a "Systems" approach to starting and building your
business that makes it a step-by-step, "cookie cutter" process
that offers a reasonable chance of success if you follow the
system. Make sure that the system is predictable, and, ideally,
that you have a reasonable chance of earning back your initial
investment and becoming profitable within no more than 30 to 90
days, with 30 to 60 days being even better.
Look around and you will find that some of the most successful
people and concepts in history are those who implemented systems
that can be duplicated.
I'm not referring here to the famous word, "duplication," that
is often tossed around among people involved in network
marketing. When used in that context it is erroneous because you
cannot "duplicate" people! Even if you are a wonderful example
of leadership and are constantly growing your business that
doesn't mean that you can expect the next person to duplicate
your performance, because he or she is not you!
So, the kind of duplication that you want to be able to bring to
your business and your organization is the duplication and
dissemination of systems, methods, and processes.
Think about it, when Henry Ford successfully mass produced the
automobile he didn't duplicate himself, but rather he developed
an assembly line method that allowed workers (properly trained
in that system) to duplicate the same results in building new
automobiles in massive numbers.
When Ray Kroc made McDonald's into the most successful franchise
in history he didn't do it by duplicating himself, but by
developing a system recognized the World over as model of
efficiency, duplication, and consistency, that allows you to
walk into any McDonald's restaurant anywhere and receive the
same level of food and service, and clean bathrooms, as will be
found in any other. Every single employee is a uniquely
different person, so McDonald's is certainly no expert at
duplicating people, but they are among the very best at
duplicating systems.
When Bill Gates conquered the World of the desktop computer he
didn't do it by duplicating himself, which would be a pretty
tough act to follow since as the richest man in the World there
is only one of him anyway. Here again, Bill Gates developed a
series of successful systems that could in turn be duplicated by
Microsoft's thousands of employees.
Are you starting to get the idea, and the difference, between
trying to duplicate people (which is impossible, unless you
manage to pull off an amazing human cloning experiment), and
duplicating systems, which is very doable?
It is a well known fact that well established, brand name
franchises have a much higher success rate than someone trying
to start a business on their own. When, for instance, is the
last time you saw a McDonald's restaurant go out of business?
Most network marketing (MLM) companies also claim to have
systems that will help assure your success, yet it is well known
that over 90 percent of the people who enter the industry fail.
That's because most MLM programs try to duplicate people, and,
as explained above, that simply doesn't work.
So, if you want to be among the 10 percent or fewer of network
marketers who succeed you need to seek out and obtain the very
best education and training that you can find that will show you
how to utilize systems that will truly lead to successful
results, consistently, the majority of the time.
If you are still looking for the "perfect" opportunity then you
will want to look for one that is systems based, meaning that
you, or anyone entering that business, can reasonably predict
what kinds of results you might expect to achieve.
Ask yourself before getting involved, how much of your success
depends upon you, and how much depends upon the system? The more
systems there are in place that are designed to help people
achieve consistent results, income, and profits, the more likely
you are to succeed instead of becoming another victim among the
90 percent or more who fail.
You can find examples of the above kinds of programs on this
Website. If you were to compose a "Top 5" list of things to do,
and not to do, in order to build a successful work from home
business and income, it might look something like this:
www.abcincome.com
About the author:
GRPMAX, L.L.C. was founded by CEO Phil Covington in 1979 and is
the parent company of ABCIncome.Com. GRPMAX specializes in
developing Uniquely Innovative Technologies & Solutions™ and has
worked with clients ranging from small business, to government,
to the Fortune 500. Specifically, GRPMAX creates solutions that
automate processes that previously required human staffing